Many private companies die because of ego that can’t let go of unsound strategies in a changing world
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Tourism did well in the 2022 festive season
Hospitality and tourism could be the foremost industry to make a huge dent in South Africa’s massive unemployment problem
Agribusiness confidence drops below the neutral 50 point mark in Q4
What will 2023 hold for agriculture? High input costs, friction in our export markets and persistent animal diseases are starting to bite.
Transnet Freight Rail’s bid to open to third parties a train smash
The closing date for Transnet’s new tender is end-January 2023. But here’s the rub, in fact, several rubs, with the scheme.
Rebosis business rescue plan release delayed again
Rebosis Property Fund’s business rescue plan is expected in January as BRPs work through complexities involved with the company
The Post Office doesn’t even know it’s dead
Only 68% of SAPO mail got delivered last year. Unless there’s a workable turnaround plan, the answer to a government bailout should be “no”
Nampak confident R2bn capital raise will steer it back on course
Nampak’s push into Africa between 2010 and 2012 has seen it rack up a debt pile that stood at R5.2bn by end-Sept…
M&R plunges 21% as Australian subsidiary Clough is placed into voluntary administration
Murray & Roberts (M&R) has placed both Clough and M&R Pty Ltd (MRPL) into business rescue.
Fixing SA means having the confidence to do so
All that business people want to do is they want to invest, but they must have a clear blueprint of what the rules are and then they’re very happy to invest
Edgars is back to profitability
Edgars says it’s back in the black with a successful business turnaround and operations that are swinging back to profitability.
Flat business confidence does not tell the whole story
Escalating load-shedding could easily have dashed business confidence in Q4.
Recession anticipation tips from a turnaround pro
Trading in SA is generally a tough business – even at the best of times.
Successive losses show SOE turnaround plans ineffective
The finance minister has told SOEs to “jack up their own capacity” and bring in the private sector if they want to receive bailouts from the state
Big shift hitting restaurants and fast food in South Africa
SA is seeing a growing ‘structural’ trend towards a greater takeaway/ fast food/ convenience culture in the country.
You can’t keep allowing SOEs to fail, warns Investec CEO
The harsh reality of SA’s failing SEOs are hitting home, as we face a broken Eskom and Transnet, doomed SAA deal, and more.
Can South Africa avoid a wave of company collapses?
Sure, things are tough — but in SA, they’ve always been tough. Rather than companies tipping over indiscriminately,
Local CEOs confident of business growth despite recession forecast
Despite an anticipated recession, SA CEOs are already mitigating against expected risks
The Status of Business Rescue in South Africa
As the global economy continues to experience high fuel prices and inflation,